MILLCROFT, MILLFIELD ROAD, WALBERSWICK, SOUTHWOLD, IP18 6UD - £1,242,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MILLCROFT is a very large extended detached house of 268m², built sometime between 1900 and 1929. It was last sold for £1,242,000 in December 2008, which was around 432% above the average December 2008 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

MILLCROFT Sold Prices

Land registry data shows two sales for MILLCROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two MILLCROFT sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 12 DEC	£1,242,000	£233,493	432% above HPI
2006 24 FEB	£700,000	£222,076	215% above HPI

MILLCROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two MILLCROFT sales from February 2006 and December 2008 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2006 sale was for 215% above the HPI. So the extrapolation line tracks at 215% above the HPI over time, until the December 2008 sale, where it rises to 432% above the HPI. The line then continues to track at 432% above the HPI.

How Large is MILLCROFT?

MILLCROFT is 268m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses in Walberswick, based on EPC data. The below chart shows the distribution of detached houses by size in Walberswick, and where MILLCROFT lies on this distribution: 93% of detached houses are smaller than MILLCROFT, and 7% of houses are larger. Note that EPC data is not available for all properties in Walberswick.

MILLCROFT: Plot and Title Map

MILLCROFT sits on a plot of roughly 0.436 of an acre, or 1,764m². The below map shows the location of MILLCROFT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of MILLCROFT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is MILLCROFT?

MILLCROFT is located on MILLFIELD ROAD in WALBERSWICK, in the IP18 postcode district. The below map shows the position of MILLCROFT on MILLFIELD ROAD.